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Forum » NY AG said she is going to seize Trump assets if he doesn’t pay up
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Thread: NY AG said she is going to seize Trump assets if he doesn’t pay up

post 1698265803 02-23-2024, 03:32 PM
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Originally Posted By Seatard⏩
It’s somewhat of a unique situation and am personally okay with putting it aside as an outlier and looking at the bigger picture.

Deed restrictions can change, so there is a valid argument that the property has another value other than the method the county chose to use to value it as a private club.

Is it worth a billion cause it smells like old rich people? Nah, but it has an intrinsic value somewhere in the middle.
However, while deed restrictions might change it's nevertheless not what the asset is at the time of the loan that 'it could have been worth more if it was a different type of property'.

If you have an unfinished diamond it's not worth the price of the finished piece. It 'might be worth more in the future'.

Maybe that will be seen differently on appeal...idk.
post 1698266753 02-23-2024, 03:55 PM
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Originally Posted By Seatard⏩
Banks are regulated and locked down when loaning out our fake money, especially after 2008 when they nearly destroyed all of humanity with the belief that they, and they alone got to decide what's what for any given borrower.
Banks also have the option of saying no 'tard.

It's their money, they decide who they lend it to, and they set the terms of the loan. Nobody held a gun to anybody's head and said "You will loan Trump money or else!"
Originally Posted By GreatOldOne⏩
Um...shareholders of the bank?

The loss of profit is the higher rate he would have had to pay for the loan.

Anything that affects the profits of the bank affects the shareholders. It's not a defense of fraud that you don't find a loss of profit significant. That's not how the law sees it.
See above GOO. Banks decide who to lend money to, and they set the terms of any loan - and not Donald Trump.

Take your meds.
It's a hot night. The mind races. You think about your knife: the only friend who hasn't betrayed you, the only friend who won't be dead by sunup. Sleep tight mates, in your quilted chambray night shirts.
post 1698266833 02-23-2024, 03:59 PM
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My question now is how many other developers and banks are going to have their loans audited to see if they were done in good faith or if the developer over valued their property?
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post 1698266873 02-23-2024, 03:59 PM
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Only stupid ass libs get off on this corruption.
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post 1698270873 02-23-2024, 05:33 PM
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Originally Posted By icetrauma⏩
My question now is how many other developers and banks are going to have their loans audited to see if they were done in good faith or if the developer over valued their property?
Hochul already said none.
yeah that's right.
none.
they are just after trump because they fear him winning the election again.
post 1698276553 02-23-2024, 08:51 PM
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Originally Posted By GreatOldOne⏩
Um...shareholders of the bank?

The loss of profit is the higher rate he would have had to pay for the loan.

Anything that affects the profits of the bank affects the shareholders. It's not a defense of fraud that you don't find a loss of profit significant. That's not how the law sees it.
That still doesn't tell how many shareholders or what their losses were. Why is that info given in other fraud cases but not this one?
post 1698277193 02-23-2024, 09:17 PM
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Originally Posted By Mckay23⏩
That still doesn't tell how many shareholders or what their losses were. Why is that info given in other fraud cases but not this one?
Idk maybe if you wanted you could look into it.

Supposedly 168,040,168 lost interest:
First, Trump needs to pay $168 million for potential interest lost by his banks,

Second, Trump owes $60 million for his profits from the sale of a New York golf course. The interest for that transaction began accruing on June 26, 2023, when Trump sold the lease for the course to Bally's.

Last, Trump owes $126 million for his profits from the sale of his Washington, D.C., hotel, and the interest for that fine began on May 11, 2022, when Trump sold the property.

https://abc7chicago.com/donald-trump...rest/14453724/

Trumps problems don't rest on the number of shareholders at the bank. It's that he intentionally committed fraud.
post 1698285873 02-24-2024, 06:07 AM
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Tick Tock cultist cucks. You better donate bigly to your orange master.

His bill is coming due...

Love this for you idiots.
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post 1698318503 02-24-2024, 11:25 PM
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Originally Posted By GreatOldOne⏩
Idk maybe if you wanted you could look into it.

Supposedly 168,040,168 lost interest:
First, Trump needs to pay $168 million for potential interest lost by his banks,

Second, Trump owes $60 million for his profits from the sale of a New York golf course. The interest for that transaction began accruing on June 26, 2023, when Trump sold the lease for the course to Bally's.

Last, Trump owes $126 million for his profits from the sale of his Washington, D.C., hotel, and the interest for that fine began on May 11, 2022, when Trump sold the property.

https://abc7chicago.com/donald-trump...rest/14453724/

Trumps problems don't rest on the number of shareholders at the bank. It's that he intentionally committed fraud.
The shareholders definitely matter in fraud case that has been characterized like this:
Trump’s case would have been the only big business in nearly 70 years of similar cases shut down without a showing of obvious victims who suffered major financial losses. The main alleged victim of the real estate mogul ’s fraud, Deutsche Bank, had itself not complained it had suffered any losses.

https://apnews.com/article/trump-new...82350f172cf970
Why are they not labeling these lenders as victims just as they done in other fraud cases?
post 1698326413 02-25-2024, 06:20 AM
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Originally Posted By Mckay23⏩
The shareholders definitely matter in fraud case that has been characterized like this:
Why are they not labeling these lenders as victims just as they done in other fraud cases?
Your quote says they are labeling the lenders as victims.

"The main alleged victim of the real estate mogul ’s fraud, Deutsche Bank,"

The question might be why the lenders aren't complaining. Trump may be appealing that there were no victims, but:

https://www.reuters.com/legal/trumps...se-2024-02-16/
"The attorney office argued that the law at issue does not require the existence of victims to be enforceable. They also disputed the notion that there were no victims, saying Trump's bankers were harmed because they could have charged higher interest on loans if they knew his true net worth was lower than he claimed."

...

under New York Executive Law 63(12), which gives her office broad powers to file civil lawsuits for "repeated" or "persistent" fraud. This law historically has been used to protect consumers, investors and small businesses from scams, price-gouging and other predatory business practices.

...

The bank says they trusted Trump to be accurate, which it seems he was not:
https://www.bloomberg.com/news/artic...n-trump-claims
“I assumed the representations of the assets and liabilities were broadly accurate,” Haigh testified. The former bank official didn’t weigh in on whether he believed Trump had been dishonest, as the state alleges.

...
Trump is going to appeal it seems to say the bank was in a position to know if Trump was giving good estimates. The state is going to say again that it's not true...he wasn't, and there was harm which is specified by the penalty regarding lost profit. They're saying the bank was scammed, even of the bank doesn't say that themselves.

A legit question is why the regulators aren't going after the bank and busting them for terrible due diligence ("I assumed the representations of the assets and liabilities were broadly accurate") which they might still...but that won't let Trump off the hook for fraud.

Imo, it's pretty clear the bank did screw up and they're forced to cya because if they say their due diligence sucks then everyone knows their loans could be unsound. That would also open up individuals along with the bank to their own high fines.
post 1698326983 02-25-2024, 06:37 AM
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Originally Posted By GreatOldOne⏩
Your quote says they are labeling the lenders as victims.

The question might be why the lenders aren't complaining. Trump may be appealing that there were no victims, but:

https://www.reuters.com/legal/trumps...se-2024-02-16/
"The attorney office argued that the law at issue does not require the existence of victims to be enforceable. They also disputed the notion that there were no victims, saying Trump's bankers were harmed because they could have charged higher interest on loans if they knew his true net worth was lower than he claimed."

...

under New York Executive Law 63(12), which gives her office broad powers to file civil lawsuits for "repeated" or "persistent" fraud. This law historically has been used to protect consumers, investors and small businesses from scams, price-gouging and other predatory business practices.

...

The bank says they trusted Trump to be accurate, which it seems he was not:
https://www.bloomberg.com/news/artic...n-trump-claims
“I assumed the representations of the assets and liabilities were broadly accurate,” Haigh testified. The former bank official didn’t weigh in on whether he believed Trump had been dishonest, as the state alleges.

...
Trump is going to appeal it seems to say the bank was in a position to know if Trump was giving good estimates. The state is going to say again that it's not true...he wasn't, and there was harm which is specified by the penalty regarding lost profit. They're saying the bank was scammed, even of the bank doesn't say that themselves.

A legit question is why the regulators aren't going after the bank and busting them for terrible due diligence, which they might still...but that won't let Trump off the hook for fraud.

Imo, it's pretty clear the bank did screw up and they're forced to cya because if they say their due diligence sucks then everyone knows their loans could be unsound. That would also open up individuals along with the bank to their own high fines.
Now GOO... you're getting yourself worked up again. You know what Trump did to you in 2016 bro, remember?

Take your meds ffs.
It's a hot night. The mind races. You think about your knife: the only friend who hasn't betrayed you, the only friend who won't be dead by sunup. Sleep tight mates, in your quilted chambray night shirts.
post 1698342333 02-25-2024, 01:30 PM
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Originally Posted By GreatOldOne⏩
Your quote says they are labeling the lenders as victims.

"The main alleged victim of the real estate mogul ’s fraud, Deutsche Bank,"

The question might be why the lenders aren't complaining. Trump may be appealing that there were no victims, but:

https://www.reuters.com/legal/trumps...se-2024-02-16/
"The attorney office argued that the law at issue does not require the existence of victims to be enforceable. They also disputed the notion that there were no victims, saying Trump's bankers were harmed because they could have charged higher interest on loans if they knew his true net worth was lower than he claimed."

...

under New York Executive Law 63(12), which gives her office broad powers to file civil lawsuits for "repeated" or "persistent" fraud. This law historically has been used to protect consumers, investors and small businesses from scams, price-gouging and other predatory business practices.

...

The bank says they trusted Trump to be accurate, which it seems he was not:
https://www.bloomberg.com/news/artic...n-trump-claims
“I assumed the representations of the assets and liabilities were broadly accurate,” Haigh testified. The former bank official didn’t weigh in on whether he believed Trump had been dishonest, as the state alleges.

...
Trump is going to appeal it seems to say the bank was in a position to know if Trump was giving good estimates. The state is going to say again that it's not true...he wasn't, and there was harm which is specified by the penalty regarding lost profit. They're saying the bank was scammed, even of the bank doesn't say that themselves.

A legit question is why the regulators aren't going after the bank and busting them for terrible due diligence ("I assumed the representations of the assets and liabilities were broadly accurate") which they might still...but that won't let Trump off the hook for fraud.

Imo, it's pretty clear the bank did screw up and they're forced to cya because if they say their due diligence sucks then everyone knows their loans could be unsound. That would also open up individuals along with the bank to their own high fines.
Alleged victims yet no obvious victims. Does that seem like a reasonable standard for a civil fraud case? I already cited the NY codes which noted repeated fraud which affected more than one person. Why was the attorney's office unable to explicitly answer the application of victims in this case?
post 1698343263 02-25-2024, 01:52 PM
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Originally Posted By Mckay23⏩
Alleged victims yet no obvious victims. Does that seem like a reasonable standard for a civil fraud case? I already cited the NY codes which noted repeated fraud which affected more than one person. Why was the attorney's office unable to explicitly answer the application of victims in this case?
Did you catch this part?
Originally Posted By GreatOldOne⏩
"The attorney office argued that the law at issue does not require the existence of victims to be enforceable.They also disputed the notion that there were no victims, saying Trump's bankers were harmed because they could have charged higher interest on loans if they knew his true net worth was lower than he claimed."
Banks: "We were not victims of fraud, and we have no issue with the terms of our loans with Trump."

AG: "No no no dammit! Youcould havecharged higher interest! Just STFU because WE will decide what's best for you!"

Which really makes them sound like helpless, innocent victims...

But then you've got the 'tard here saying banks are greedy predators who do the victimizing lol.
Originally Posted By Seatard⏩
Banks are regulated and locked down when loaning out our fake money, especially after 2008 when they nearly destroyed all of humanity with the belief that they, and they alone got to decide what's what for any given borrower.
Cliffs: "Whatever... Orange man bad is all we know!"
It's a hot night. The mind races. You think about your knife: the only friend who hasn't betrayed you, the only friend who won't be dead by sunup. Sleep tight mates, in your quilted chambray night shirts.
post 1698345943 02-25-2024, 03:09 PM
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Originally Posted By Bushmaster⏩
Now GOO... you're getting yourself worked up again. You know what Trump did to you in 2016 bro, remember?

Take your meds ffs.
What are you going to do when Trump gets jarred up and loses again? Have you figured out a contingency plan yet, son?
Deepfat: "I guarantee I beat you by at least 6 strokes. Afterwards, I'll slide my thick conservative cawk in your old lady just to finish the job."

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Deep: "On second thought, I don't play golf with broads. You're such a scumbag that I'd be much more inclined to just slap the chit out of you."

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post 1698346153 02-25-2024, 03:16 PM
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Originally Posted By z4v4⏩
What are you going to do when Trump gets jarred up and loses again? Have you figured out a contingency plan yet, son?
Move on with my life probably, son.

On the other hand, if he wins, watching you GOO, and Ass Rot self-destruct is gonna be buriful, son!
It's a hot night. The mind races. You think about your knife: the only friend who hasn't betrayed you, the only friend who won't be dead by sunup. Sleep tight mates, in your quilted chambray night shirts.
post 1698346563 02-25-2024, 03:28 PM
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Originally Posted By Bushmaster⏩
Move on with my life probably, son.

On the other hand, if he wins, watching you GOO, and Ass Rot self-destruct is gonna be buriful, son!
Yeah, just like you moved on with your life after he lost in 2020, LMFAO. You have lost your mind and just have a couple of matchsticks left in there that are going to go up in flames when he loses again, son.
Deepfat: "I guarantee I beat you by at least 6 strokes. Afterwards, I'll slide my thick conservative cawk in your old lady just to finish the job."

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Deep: "On second thought, I don't play golf with broads. You're such a scumbag that I'd be much more inclined to just slap the chit out of you."

z4: "MMA match works, too. So when are you available this month?

Deep: "I won't subject myself to being in the presence of a scumbag."
post 1698346723 02-25-2024, 03:32 PM
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Originally Posted By z4v4⏩
Yeah, just like you moved on with your life after he lost in 2020,LMFAO. You have lost your mind and just have a couple of matchsticks left in there that are going to go up in flames when he loses again, son.
Yeah Carl.. exactly like that, son.

You ok though? You're a little more.... hormonal, here lately. Catty. Bitchy even. Something you want to tell us, son?
It's a hot night. The mind races. You think about your knife: the only friend who hasn't betrayed you, the only friend who won't be dead by sunup. Sleep tight mates, in your quilted chambray night shirts.
post 1698347193 02-25-2024, 03:44 PM
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Originally Posted By Bushmaster⏩
Yeah Carl.. exactly like that, son.
Well, guess what, son? You have changed a lot since his loss in 2020. Hopefully you have a niece or something to help you when it all comes tumbling down in November, son.
Deepfat: "I guarantee I beat you by at least 6 strokes. Afterwards, I'll slide my thick conservative cawk in your old lady just to finish the job."

z4: "So when are you available in September to play?"

Deep: "On second thought, I don't play golf with broads. You're such a scumbag that I'd be much more inclined to just slap the chit out of you."

z4: "MMA match works, too. So when are you available this month?

Deep: "I won't subject myself to being in the presence of a scumbag."
post 1698348073 02-25-2024, 04:06 PM
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Originally Posted By Mckay23⏩
Alleged victims yet no obvious victims. Does that seem like a reasonable standard for a civil fraud case? I already cited the NY codes which noted repeated fraud which affected more than one person. Why was the attorney's office unable to explicitly answer the application of victims in this case?
The obvious victims are the bank, shareholders, and the entire financial system in regards to bad loans. The ag is arguing that it's not true that there was no victim as mentioned in my previous post, but the bank losing out on profits.

Maybe they'll see it like you apparently think on appeal...idk. It does sound like that is going to be what Trump wants to argue on appeal. That the bank is responsible for its due diligence and he had a disclaimer they signed, etc.

However, the ag argued and judge ruled:
James argued and Engoron ruled that the statute doesn’t require victims, only a finding of wrongdoing.

“Timely and total repayment of loans does not extinguish the harm that false statements inflict on the marketplace,” Engoron wrote in his decision. “Indeed, the common excuse that ‘everybody does it’ is all the more reason to strive for honesty and transparency and to be vigilant in enforcing the rules.”
https://www.usatoday.com/story/news/...l/72660908007/

...so, maybe that won't stand up on appeal...idk.

But to the question is this whole thing reasonable or not...I lean yes. Trump isn't clinging to a claim of no wrongdoing, he's saying it shouldn't matter because he repaid the loans on their terms. It seems there was wrongdoing, that the lenders aren't explaining their due diligence beyond, "we assumed he was right", and they were defrauded.

I understand why they wouldn't want to sue Trump because that would alert investors their loans might not be adequately backed by appropriate assets and they have to be careful not to expose themselves to fines or fear in the marketplace.

It's not like Trump didn't have his day in court, he just didn't win. He gets another shot with his appeal process. I would find it more convincing that he doesn't deserve fines if he could establish his estimates were accurate and in good faith rather than him trying to argue that it's not his fault the lenders didn't catch him defrauding them and/or owning up to being duped.

I think that might be about it as far as info out there at this time AFAIK until we see what might happen with appeals.
post 1698348193 02-25-2024, 04:10 PM
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Originally Posted By Mckay23⏩
Alleged victims yet no obvious victims. Does that seem like a reasonable standard for a civil fraud case? I already cited the NY codes which noted repeated fraud which affected more than one person. Why was the attorney's office unable to explicitly answer the application of victims in this case?
You misread what you cited earlier. Not sure why it's relevant, but repeated can be multiple instances of separate and distinct acts "or" a single act that effects more than one person.
The term “repeated” as used herein shall include repetition of any separate and distinct fraudulent or illegal act, or conduct which affects more than one person.
If you are correct then it's a slam dunk appeal, but New York doesn't require there to be a traditional "loss" or a "victim" in the way that some are insisting here. The state's business laws are intended to keep an even playing field for conducting business in the state, so the "system" is the victim and the fines are based on the state's calculation of Trumpco's ill-gotten gains. It's all in the judge's decision if you have the patience to read it.
post 1698348353 02-25-2024, 04:13 PM
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Originally Posted By z4v4⏩
Well, guess what, son?You have changed a lot since his loss in 2020.Hopefully you have a niece or something to help you when it all comes tumbling down in November, son.
No he hasn't, but keep trying, son.

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Originally Posted By Polaris⏩
No he hasn't, but keep trying, son.
Of course this is your response; you have had a similar change in your mental disposition and thus cannot recognize it in others, son.
Deepfat: "I guarantee I beat you by at least 6 strokes. Afterwards, I'll slide my thick conservative cawk in your old lady just to finish the job."

z4: "So when are you available in September to play?"

Deep: "On second thought, I don't play golf with broads. You're such a scumbag that I'd be much more inclined to just slap the chit out of you."

z4: "MMA match works, too. So when are you available this month?

Deep: "I won't subject myself to being in the presence of a scumbag."
post 1698350273 02-25-2024, 05:09 PM
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#113
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Originally Posted By z4v4⏩
Of course this is your response; you have had a similar change in your mental disposition and thus cannot recognize it in others, son.
Good job on proving me wrong, son.
Originally Posted By Bushmaster⏩
Yeah Carl.. exactly like that, son.

You ok though? You're a little more.... hormonal, here lately. Catty. Bitchy even.Something you want to tell us, son?


It's a hot night. The mind races. You think about your knife: the only friend who hasn't betrayed you, the only friend who won't be dead by sunup. Sleep tight mates, in your quilted chambray night shirts.
post 1698350733 02-25-2024, 05:19 PM
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#114
  1. z4v4
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Originally Posted By Bushmaster⏩
Good job on proving me wrong, son.





Good job on proving me correct, son.
Deepfat: "I guarantee I beat you by at least 6 strokes. Afterwards, I'll slide my thick conservative cawk in your old lady just to finish the job."

z4: "So when are you available in September to play?"

Deep: "On second thought, I don't play golf with broads. You're such a scumbag that I'd be much more inclined to just slap the chit out of you."

z4: "MMA match works, too. So when are you available this month?

Deep: "I won't subject myself to being in the presence of a scumbag."
post 1698351053 02-25-2024, 05:30 PM
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#115
  1. Bushmaster
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Originally Posted By z4v4⏩
Good job on proving me correct, son.
Anytime...CarlaSpackler.

It's a hot night. The mind races. You think about your knife: the only friend who hasn't betrayed you, the only friend who won't be dead by sunup. Sleep tight mates, in your quilted chambray night shirts.
post 1698351353 02-25-2024, 05:37 PM
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#116
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Originally Posted By icetrauma⏩
My question now is how many other developers and banks are going to have their loans audited to see if they were done in good faith or if the developer over valued their property?
Over valued wasn’t even the issue. Crooked judge accepted properties worth $18m when it was actually valued at over $1b. The question now is, even if it was valued correctly, what politically leanings does the developer has? If right, then looks like crooked judges can just accept the lower incorrect value for political prosecutions.
post 1698351463 02-25-2024, 05:40 PM
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#117
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Originally Posted By Bushmaster⏩
Anytime...CarlaSpackler.

Yes, keep up with the unhinged gifs, son.

See you tomorrow, son, as I think it's time for your nurse to come in and change your diaper and give you your bedtime insulin shot.
Deepfat: "I guarantee I beat you by at least 6 strokes. Afterwards, I'll slide my thick conservative cawk in your old lady just to finish the job."

z4: "So when are you available in September to play?"

Deep: "On second thought, I don't play golf with broads. You're such a scumbag that I'd be much more inclined to just slap the chit out of you."

z4: "MMA match works, too. So when are you available this month?

Deep: "I won't subject myself to being in the presence of a scumbag."
post 1698351603 02-25-2024, 05:46 PM
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#118
  1. Bushmaster
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Originally Posted By z4v4⏩
Yes, keep up with the unhinged gifs, son.

See you tomorrow, son, as I think it's time for your nurse to come in and change your diaper and give you your bedtime insulin shot.
Hey Carla..? You jumped into the middle of a discussion for no other reason than to run interference for the escaped mental patient GOO lol. You didn't even have any point, or comment on the topic - just went straight into the hormonal bitching, son.
Originally Posted By Bushmaster⏩
Yeah Carl.. exactly like that, son.

You ok though? You're a little more.... hormonal, here lately. Catty. Bitchy even.Something you want to tell us, son?
It's a hot night. The mind races. You think about your knife: the only friend who hasn't betrayed you, the only friend who won't be dead by sunup. Sleep tight mates, in your quilted chambray night shirts.
post 1698351643 02-25-2024, 05:47 PM
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#119
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Originally Posted By PureAryanBlood⏩
Trump is 100% INNOCENT and this is all a conspiracy by the liberal democRAT tranny satanic jewish commie child molesters in JEW YORK! MAGA! WE MUST FIGHT FOR DONALD TRUMP! SEND HIM YOUR LIFE SAVINGS! THEY AREN'T AFTER HIM. THEY ARE AFTER YOU! HE'S JUST IN THE WAY! MAGA!
lol
"I am a rational animal who occupies the intermediary position between angel and beast"

"The upper class is afforded their position by the collective burden the underclass must carry for them"


**Summer Walker Crew**
post 1698357253 02-25-2024, 08:44 PM
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#120
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Originally Posted By Bushmaster⏩
Hey Carla..? You jumped into the middle of a discussion for no other reason than to run interference for the escaped mental patient GOO lol. You didn't even have any point, or comment on the topic - just went straight into the hormonal bitching, son.
Lol @ "anytime you come into a thread on a public message board and participate on a topic in a thread that anyone is free to post in, you're running interference for someone else."

You're so stupid, son.
Deepfat: "I guarantee I beat you by at least 6 strokes. Afterwards, I'll slide my thick conservative cawk in your old lady just to finish the job."

z4: "So when are you available in September to play?"

Deep: "On second thought, I don't play golf with broads. You're such a scumbag that I'd be much more inclined to just slap the chit out of you."

z4: "MMA match works, too. So when are you available this month?

Deep: "I won't subject myself to being in the presence of a scumbag."
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